Falling wedge at support

Looks like grandaddy is trying to break out of a falling wedge on the 240 time frame right near the support/trend line. MACD also trying to cross over and the past few hours have formed a nice strong looking cupping formation, unlike the last few weak attempts that have the obvious ‘M’ or upside down cup shape. I expect maybe a small dip then head upward toward …

This article was originally published on: The Tether Blog on January 12, 2018 9:38 am